How to Approach a Meeting with a Mortgage Consultant

In a previous blog listing it was mentioned that working with a consultant can increase the likelihood of refinancing a mortgage in the best possible manner. However, you do need to know how to approach a meeting with a consultant. You need to be prepared. You cannot go into the meeting hoping the consultant will be the sole guiding light. You will be required to brainstorm prior to the meeting and make a list of the terms you are seeking in a new mortgage. You should point out to the consultant what the current problems are with your mortgage and why the mortgage should be refinanced. Performing research into the current mortgage landscape definitely is a “must do” step since it will allow you to be more informed during the meeting. You also should compile quite a number of questions for the meeting with the consultant since asking the right questions will further enhance your ability to get the most out of the meeting.

One good resource can be found at http://www.refinancehomemortgageguide.com/, a site that lists common industry terminology, helps consumers identify questions that they may not have thought of before, and provides useful tips and current industry information and news.